Quote:
Originally Posted by AirborneSapper9845
How is this not saying player funds aren't segregated? B&M casinos don't make you wait to cash in chips, because state gaming boards require the casino to have in house enough liquid money to cover all bets on the floor.
By saying that player deposits slowing down results in player payouts slowing down...this is kinda worrisome.
Blah blah blah I know Malta requires segregated funds blah blah blah. Whatever. We'll see.
This isn't a dig at you Neil...just the network.
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Quote:
Originally Posted by Ice_W0lf
Because it's possible that they have at least 3 accounts.... 1 account for their funds.. 1 account for player funds.. and one account for funds that are being cashed out. With payment processors in the past going down all the time.. going rogue.. whatever.. I wouldn't put all player funds into one account that processors have access to.
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ICE_WOLF is correct and its actually far more complex as the network has several processors, which also require a holding amount for deposits, add to that only certain banks can transact money across certain borders, hence intermediary banks and you may get an idea of the issues faced.
For those who still worry please by all means do ask the regulator they will reply to emails etc, its their job to check and what the license is for, it was this kind of assurance that we rely on also.
I don't take it as a dig at me, it also frustrates me no end TBH, and in the player position I would be exactly the same.
Regards Neil.